The shift from fossil fuels to renewable energy is surging faster than policy-makers imagined and energy transition advocates dreamed, several news reports say, with China, the United States, and the European Union leading the way.
China opened 107 gigawatts of new solar capacity last year and plans to add twice as much in 2023. Last year’s new installations were “roughly equivalent to the entire historical installed capacity of the U.S.,” Politico says.
But now, the momentum is extending to other parts of the world.
“The United States is pivoting away from fossil fuels and toward wind, solar, and other renewable energy, even in areas dominated by the oil and gas industries,” the New York Times reports.
“Explosive growth in solar power means most EU countries will hit their 2030 renewable energy targets ahead of time, new data shows, fuelling optimism on efforts to bring down global emissions,” Politico adds.
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